Operator

Good morning, ladies and gentlemen, and welcome to the ARC Resources Limited Q1 2026 Earnings Conference Call. [Operator Instructions] This call is being recorded today, Wednesday, April 29, 2026.

I would now like to turn the conference over to Dale Lewko. Please go ahead, sir.

Dale Lewko
Manager of Capital Markets

Thank you, operator. Good morning, everyone, and thank you for joining us for our first quarter earnings conference call. Joining me today are Terry Anderson, President and Chief Executive Officer; Kris Bibby, Chief Financial Officer; Armin Jahangiri, Chief Operating Officer; and Ryan Berrett, Senior Vice President, Marketing.

Before I turn it over to Terry and Kris to take you through our first quarter results, I'll remind everyone, this conference call includes forward-looking statements and non-GAAP measures with the associated risks outlined in the earnings release and our MD&A. All dollar amounts discussed today are in Canadian dollars unless otherwise stated. Also, please note that we will not address questions on the events leading up to the signing of the definitive agreement with Shell. We plan to disclose that information to the market at the time of mailing of our management information circular for the transaction, which we expect to do in the next 30 days. Finally, the press release, financial statements and MD&A are available on our website as well as SEDAR. Following our prepared remarks, we'll open the line to questions.

With that, I'll turn it